Coronis Health, Physician
Financial Analysis and Reporting
Without the insight of financial reporting and analysis, it is impossible to make informed decisions and address challenges. Coronis Health can help.
In order to stay financially fit, you need to have the best information available in an easy to understand format. Our reports aren’t filled with buzzwords and graphs meant to dazzle. We present clear, concrete data that tells you how you’re doing and how you can improve. Coronis has brought together the best-of-the-best in medical billing to help your practice innovate and stay on the cutting edge so you can maintain financial security and focus on what matters most.
If your AR is climbing or denials are spiking, it can be difficult to identify the culprit without a complete picture of your revenue cycle. Often the reports you run through your PM or EMR can only give you a glimpse into what’s going on. Coronis Health’s industry-leading financial reporting and analysis takes a holistic view to determine where your practice is struggling. We are fully transparent; you know everything we do. And because we’re the best of the best in medical billing, you can rest assured that your practice is getting accurate information and analysis that can help you improve your financial outlook immediately.
Revenue Cycle Performance
“I am concerned about my revenue cycle performance.”
Whether it’s your internal billing staff or your billing company, it can be challenging to determine how your revenue cycle is really performing. Often, the reporting does not paint the whole picture or highlight errors. As a result, it is impossible to determine where improvements can be made and what actions need to be taken. That’s why Coronis Health provides clear and easy to read analysis that gives you direct answers and steps to take. You’ll know what is wrong and how to fix it fast.
Business Intelligence & Analytics Software
Business Intelligence and Analytics are the backbone of any reliable decision making process. At Coronis Health, we believe that data needs to take you beyond the traditional Healthcare Revenue Cycle key performance indicators (KPI). Our systems are all integrated allowing you to get instant visualization of your revenue cycle, and a clear picture of your billing team’s performance.
Know Where You Stand
- Peer comparison by state, specialty, system, and more
- Track performance against industry benchmarks and best practices
- Set your own goals and monitor your progress
Measure Staff Performance
- Track staff productivity and resolution rates
- Set clear achievable staff goals and compare performance am performance goals
- Measure user action data against resolution rates to know what’s working, and what can improve
Clearly delineate between Front End and Back Office billing issues
- Streamline communication, ensuring feedback is presented to the appropriate teams
- Present actionable data — Don’t stop at an informational report. Make sure you have clear opportunities for action!
- Billing for multiple clients or practices? Running a Billing/RCM company? Aggregate your data!
- Compare performance by practice, location, department, provider and more
- Evaluate profitability by state, specialty, payment models
- Evaluate sales prospects you are considering BEFORE making any decisions
If your practice is experiencing financial reporting challenges, let’s start a conversation.
If you’re concerned about the revenue cycle and billing performance, Coronis Health’s Primary & Specialty Physician Service Group can provide detailed financial reporting and analysis. By knowing exactly how your practice is performing, you can make informed decisions on the process, staffing, and systems.